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Egg on the boil! Prices shoot up 40%

-The Times of India NEW DELHI: Hit by tight supply in the many states, egg prices in the country have increased by up to 40 per cent. Poultry Federation of India President Ramesh Katri on Monday said, "the prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply." He added that the upward trend would...

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Onion tears and how to wipe them -Ashok Gulati & Siraj Hussain

-The Indian Express Onion farmers have suffered even in a bumper crop year. Needed: Scientific storage facilities, a judicious trade policy. Onions are, once again, in the news. Last week, retail prices touched Rs 50/kg in several markets, and Wholesale Prices touched Rs 30/kg in major onion markets like Lasalgaon in Maharashtra. This is not the first time that onion prices have spiked. Almost every alternate year, this roller-coaster of boom and...

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Wholesale inflation at 6-month high of 3.59%; vegetables get 37% costlier

-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...

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Madhya Pradesh: Compensation scheme for farmers falls prey to trader cartels -Sayantan Bera

-Livemint.com Madhya Pradesh government had launched the compensation scheme to ensure that farmers receive minimum support price for pulses and oilseeds New Delhi: An ambitious scheme launched by the Madhya Pradesh government to ensure that farmers receive minimum support prices (MSP) for pulses and oilseeds is falling prey to trader cartels, suggest price data from wholesale markets and testimonies by farmer organizations. Following a sharp fall in crop prices over the past year...

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Avoid the adventurous path -M Govinda Rao and C Rangarajan

-The Hindu Any aggressive attempt to widen the fiscal deficit will land India’s economy in problems The sharp deceleration in the growth of the economy as revealed by the first quarter estimate of GDP released a month ago has been widely commented upon. The policy prescriptions needed to reverse the trend depend on our understanding of the factors responsible for the slowdown. Among other things, one factor that stands out is the...

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